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For Immediate Release

Contact: Ms. Claire Kahrobaie
Silicon Valley World Internet Center
T: 650-462-9800
E: karobaie@worldinternetcenter.com

PANEL EXAMINES THE NEW WORLD
OF CLINICAL TRIALS JUNE 18 AT THE
SILICON VALLEY WORLD INTERNET CENTER

PALO ALTO, CA, June 14, 2002 – On Tuesday, June 18, 2002, the Silicon Valley World Internet Center (http://www.worldinternetcenter.com) will convene a panel to discuss how factors such as the rapid pace of new drug development, the plethora of biotech companies in need of getting drugs to the market and the advent of the Internet and Web are impacting the nature of clinical trials in the 21st Century.

The program will take place at the Center’s facilities in Palo Alto from 6:00 p.m. to 8:00 p.m. For the first hour panel members will put their stake in the ground for discussion of how the digitization of information and the Web can be used to process and manage clinical trials; what mediating technology and non-technology factors are needed for clinical trials to incorporate Internet- and Web-based solutions; what challenges biotech companies face in structuring and managing clinical trials; what solutions, both Internet- and Web-based, exist to meet these challenges; and, finally what critical technology solutions are still needed to enhance the clinical trial process.

The panel includes Dr. Budd C. Colby, principal of Colby Biomedical Consultants; Dr. Nandini Tandon, Partner, Life Sciences, RBC Capital Partners, Inc.; and Mr. Thomas Tremblay, Director of Clinical Operations, POINT Biomedical Corporation. Dr. Naomi Fried, General Manager and Vice President for Business Development, 1747, Inc., will moderate.

Registration is not necessary, but highly recommended due to limited seating. The Silicon Valley World Internet Center focuses on the advancement of Internet-related eMarkets, technologies, people and ideas through the collaborative exchange of knowledge. The Center is located in the heart of Silicon Valley and works to develop programs specific to the expanding Internet Economy. As a multi-corporate, third-party venue, the Center provides a physical and virtual forum for collaboration among technology leaders and key end-users. The Center, a for-profit, fee-for-service corporation, focuses primarily on the areas of eBusiness, eServices and wireless communication.


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